Archive for the 'News' category

26% of British drivers would be prepared to sleep in a self-driving car

December 18, 2020 | Posted under: News

26% of British drivers would be prepared to sleep in a self-driving carLooking for a great deal on car insurance? Get a FREE quote now An eye-opening 1 in 4 of UK motorists admit that they’d be perfectly relaxed falling asleep behind the wheel of their car; providing of course it’s an autonomous vehicle equipped with the right technology to make this self-drive dream that just won’t go away, reality. That’s according to the very latest research – the surprising…

Credit Scores Could be Affected for Six Years Due to Covid-19

October 30, 2020 | Posted under: News

Credit Scores Could be Affected for Six Years Due to Covid-19 Consumers who have faced financial hardship this year due to the Coronavirus pandemic may face having a damaged credit score for the next 6 years. With the government’s Covid-19 financial support schemes coming to an end this month, UK lenders will soon start contacting hundreds of thousands of borrowers to discuss their plans for repaying any money owed from payment holidays. This means that consumers who have experienced financial…

Over 60% of Burglaries Happen When Someone is at Home

October 8, 2020 | Posted under: News

Over 60% of Burglaries Happen When Someone is at Home New figures show that people need to be more wary of intruders in the autumn and winter months… Burglary season is now here, according to the Office for National Statistics (ONS) and Aviva who have recently released new statistics that may encourage more people in the UK to start locking all of their windows and doors regularly – even while they are at home. In 2010, the ONS reported that 57% of burglaries were happening in homes…

The UK’s 5 Biggest Financial Concerns Right Now

April 24, 2020 | Posted under: News

The UK’s 5 Biggest Financial Concerns Right Now With millions of people in the UK turning to debt advice websites for financial help and advice during the coronavirus outbreak, debt charity StepChange addresses the current top 5 financial worries and gives answers. The Coronavirus pandemic has brought about financial upheaval and distress for millions of individuals and businesses, leaving everyone feeling concerned and uncertain over their finances. With people having been furloughed or made…

FCA Proposes 3-Month Payment Holiday for Those Who Can't Make Car Finance Payments

April 21, 2020 | Posted under: News

FCA Proposes 3-Month Payment Holiday for Those Who Can’t Make Car Finance Payments What happens if you can’t pay your car finance because of the Coronavirus pandemic? Thankfully, lenders are helping motorists whose finances have been impacted due to Covid-19 by freezing payments. Over the last few months, the coronavirus outbreak has had such a hit on people’s finances that lenders have had to put three-month payment holidays in place for those who have to repay a mortgage, loan…

More People in the UK Are Writing Wills, But Rules Clash With Social Distancing Measures

March 31, 2020 | Posted under: News

More People in the UK Are Writing Wills, But Rules Clash With Social Distancing Measures Many more people have been looking to get their affairs in order since the coronavirus outbreak, as some firms see up to a 70% increase in wills, but new government rules make signing and witnessing the will difficult. The coronavirus outbreak has affected all aspects of our daily lives, and as a result of all the uncertainty and worry surrounding the pandemic, companies have seen a significant increase in the…

Motorists to Receive an Extension on Their MOT

March 30, 2020 | Posted under: News

Motorists to Receive an Extension on Their MOT MOTs for cars, light vans and motorcycles that are due on or after 30th March 2020 will be postponed, helping UK drivers during the coronavirus pandemic. The coronavirus outbreak has changed the way we live our daily lives for the foreseeable future, with more and more people being affected every day; physically, emotionally and financially. Thankfully, measures have been put in place to help the British public, such as mortgage payment holidays, financial…

Government to Support Millions of UK Self-Employed Workers with New Scheme

March 27, 2020 | Posted under: News

Government to Support Millions of UK Self-Employed Workers with New Scheme Chancellor Rishi Sunak announced world-leading Income Support Scheme to support self-employed workers who’ve been affected by the coronavirus outbreak in the UK. Yesterday, Chancellor Rishi Sunak announced that a new scheme will be put in place to help all the self-employed workers across the UK whose health and finances have been affected due to the coronavirus pandemic. Here, we tell you the details, including what…

What Are People Spending their Money on During the Coronavirus 'Lockdown'?

March 25, 2020 | Posted under: News

What Are People Spending their Money on During the Coronavirus ‘Lockdown’? Here, we take a look at the spending habits of UK consumers amid the COVID-19 crisis. On Monday of this week (23/03/2020), Boris Johnson announced that the British public must stay at home for the next 3 weeks to try and reduce the spread of coronavirus. You are allowed to leave your home if: You need to travel to and from work (only if this is absolutely necessary) You need to go shopping for essential items You…

Changes to UK's Online Gambling Regulations

March 23, 2020 | Posted under: News

Changes to UK’s Online Gambling Regulations New rules mean that credit cards are to be banned for gambling use from April, and customer verification strategies will be stricter from May 2020. The latest gambling statistics show that there are approximately 24 million people taking part in gambling in the UK, with 10.5 million of those people doing so online, according to the UK Gambling Commission (UKGC). Whether betting in the sports industry or online casino sector, gambling has become a…